Putin announced Russia would open an oil-bourse 7.1.06

[G2099]

Interesting times, indeed.

The Council on Foreign Relations (CFR), the secretive organization of 4,400 American elites from industry, finance, politics, media and the military (who operate the machinery of state behind the mask of democracy) has already issued a tersely worded attack on Putin (“Russia’ Wrong Direction”; Manila Times) outlining what is expected for Russia to conform to American standards of conduct.

Putin’s challenge to the dollar is the first salvo in a guerilla war that will end with the crash of the greenback and the restoration of parity among the nations of the world. It represents a tacit rejection of a system that requires coercion, torture and endless war to uphold its global dominance. When the dollar begins its inevitable decline, the global-economic paradigm will shift, the American war machine will grind to a halt, and the soldiers will come home. Maybe, then we can rebuild the republic according to the lost values of human rights and the rule of law.

http://www.informationclearinghouse.info/article13141.htm

[ayeshahaqqiqa]

1. It will be rough, but it will be worth it

to get our country back.

[Jigarotta]

4. o, we don't know what rough is.

Great Depression times 9.

I'm pretty brittle and non consumer. but,, man, when it comes down.....

[ayeshahaqqiqa]

8. get your community together NOW

I mean it. Know where the healers are, the mechanics are, the farmers are. Be willing to trade off services. Make sure what you have is gonna last a while, because you probably won't be able to get a replacement. Go solar, geothermal if possible. Pool resources and share.

[katty]

12. been pulling this together for a few years now, I live in

a community is quite prepared.

[Jigarotta]

13. we are on our own.

fortunately I have some homestead tiny farm and grew up in the 'pioneer days' (ha, laws can change anytime! ). Most fortunate is I have an older sister that knows gardening and good common sense and a hub that likes to 'wild' canoe thingie in the wilderness and makes best of what is at hand. I still don't feel safe, and that's okay for me, never felt it. I'm at the middle end of this all. But I do need to feel my children, and yours, are somewhat safe.

[katty]

15. well that's good, I've done Organic Garden and some rough

camping, learned alot over the years,I am taking notes on some of those PBS frontier house series/the basics-those people did alot of work!

[Jigarotta]

16. it's a start.

but the totally enveloping Need we have become to need....
the Details.

of how we have succumbed to the lie that we are special.

millions don't feel so special, just trying to get Food.
Imagine That.

Imagine.

[Dave Reynolds]

2. I guess that means we have to invade them, too?

I never heard what became or Iran's oil bourse.

[katty]

9. still in the hopper,,,moving slowly

[HysteryDiagnosis]

3. But but but...... what about freedom and democracy??? What will

we tell the children???? Oh bother.

[magellan]

5. Given the choice between a punishing decline in the dollar

...and Bush**'s L-o-n-g War™, I'll take the dollar decline.

[katty]

7. exactly! a no brainer

[katty]

6. holy lord, that sick freak cheney pissed me off big time!

[Dunvegan]

10. Next Up: The Republic of China Oil Bourse

Theme to "Mr. Fed"

(With apologies...as if they care...to the old '60's "Mr. Ed" TV show.)

A bourse is a bourse, of course, of course,
And no one can balk a big bourse of course
That is, of course, unless the farce is the clueless Mr. Fed.

Go right to the source and boss the bourse
They'll dare you to answer that you'll use force.
We're always on a stupid course.
Can't talk to Mr. Fed.

Traders yakkity yak their streaks and waste your stocks each day
But Mister Fed will never speak and explain the dark M3 away.

A bourse is a bourse, of course, of course,
And this one'll rise while our jobs outsource.
You never heard of a talking bourse?

Well listen to this. "You blew it Mister Fed."

[KansDem]

11. Read the readers' comments!

This one is at the top of the list:

The New American Century is a stillbirth.

Fred

The rest are very insightful and right on the money (rubles, that is)

[Dunvegan]

14. So that's what all that talk in Russia about saying Ruble NOT Dollar...

...was about.

"Fasten your seatbelts. It's going to be a bumpy ride."

I have to think China must consider answering Russia with their own bourse soon.

Look for a suddenly unannounced weekend opened to a currency trading session from either Russia or China.

They did it once, and by bullying other countries to buy all the dollars they sold, we barely hung on by the skin of our greenbacks.

The center cannot hold against another massive sell-off of dollars.

That would be "world-wide rollover" time.

[happyslug]

18. China is a NET IMPORTER of Oil, it will back Russia.

Yes, China would like its Yuan to be the world wide medium of exchange, but the main thing traded today is OIL and Russia (like Iran) is a net exporter. Thus to have a Bourse you need to have someone who is willing to SELL oil in that Bourse (The buyers will come in today tight oil market). Russia has this ability, as does Iran, Saudi Arabia, United Arab Emirates, Kuwait, Venezuela, Norway and even Canada and Mexico. Canada and Mexico is to tied in with the US to set up a Bourse independent of the US (as are Saudi Arabia, Kuwait and Iraq). The rest are countries the US can apply military pressure to. The only exception is Russia (With a very limited exception in Iran do to its size).

My point is China as an Oil Importer can not set up a Bourse, the existing Bourse developed when the US was the Main oil exporter (i.e the 1859 till about 1960). With some exceptions in the 1970s, oil has been in surplus supply since WWII, thus no seller of oil had the power to set up a Bourse independent of the US till oil became in short supply after the invasion of Iraq. With today's oil shortage the issue is the Supply (i.e. the SELLER) is less than the Demand. Thus it is the OIL SELLER who are in the Driver's seat and Russia given its size and nuclear arsenal is even to much for Bush to try to take over (General Montgomery of WWII Fame once was ask what was the best military advice he could give he simply said, First DO NOT INVADE RUSSIA, Second DO NOT INVADE CHINA).

My point is while Iran can be intimidated by the Threat of a US Conquest, Russia knows that while the US can bomb it and attack it, the US simply can NOT conquer Russia and that by itself gives Russia the ability to set up the Bourse. China has the same advantages but is an Oil Importer and that simple fact prevents it from setting up a Bourse during a time of oil supply shortage.

[Dunvegan]

19. Russia withstood Napoleon and Hitler...

...two "undefeatable" armies.

They are good at "withstanding."

The Chinese have floated the idea of an EU/Euro-style Pacific Basin dollar. But who knows?

One thing is eternal: It's hubris that will bring us down.

[happyslug]

20. The last people to Conquer China were the Mongols

And it took them almost 40 years (and they invaded via Tibet and then down the Rivers). Japan tried to conquer China but found it to large.

As to Russia, the Mongols also conquered them (in a Winter Campaign), no one has done it since (Through the Poles in the 1600s did manage to take Moscow, but they only stayed the winter and left in Spring and it was more of a raid than a war of Conquest).

The main thrust of both attacks was both countries at the time of the attack were divided (and NEITHER is Divided today), both did NOT control any of their periphery territory (China did not control Tibet, which they do control today, Russia did not Control Siberia, which they do control today). I do NOT see the Ukraine helping us Conquer Russia, the Western Ukraine may want to, but the Eastern Ukraine, which is more Russian in makeup, will oppose any such invasion. As to the Balkan states, similar situation exists, the Russians in the Eastern Parts of Latvia, Estonia and Lithuanian will oppose any use of those countries as bases to attack Russia.

Can China and Russia be Conquered? the Mongols proved it can be done, but we are NOT the Mongols and Bush is no Genghis Khan.

[lyonn]

17. Remember when the $ was so valuable Canada was

considering going to the dollar? Wasn't Bill Clinton President? Those were the good old days. Maybe if we can take over Congress Quickly, 06 election, we can repair most of the damage.